Nvidia's (NVDA) latest AI partnership with Microsoft (MSFT) and Anthropic underscores the chipmaker's torrid pace of dealmaking this year, even as circular artificial intelligence agreements have set off alarm bells among investors.
Nvidia invested $23.7 billion in firms in the ***** e through 59 deals between the start of 2025 and Monday, according to Pitchbook data. For the entirety of 2024, Nvidia inked a total of 54 deals worth $22.8 billion.
Nvidia’s investments in AI firms — totaling roughly $53 billion and amounting to 170 deals between 2020 and 2025 — span the entire AI ecosystem, ra